A severe disruption of the financial system that strains banks, markets, or the economy.
Natural examples
Die Finanzkrise führte zu vielen Firmenpleiten.
The financial crisis led to many business failures.
Viele Familien verloren während der Finanzkrise ihre Ersparnisse.
Many families lost savings during the financial crisis.
Die Regierung reagierte mit einem Hilfspaket auf die Finanzkrise.
The government responded to the crisis with a relief package.
Usage note
Finanzkrise can refer to a banking, market, or sovereign-debt crisis. News reports often say die Finanzkrise von 2008.
Mini-lesson: Finanzkrise
A severe disruption of the financial system that strains banks, markets, or the economy. Finanzkrise can refer to a banking, market, or sovereign-debt crisis. News reports often say die Finanzkrise von 2008.
Check your learning
Choose one answer.Which definition matches «Finanzkrise»?
